When it comes to buying silver dollars in Atlanta, you’re not likely to find more competitive prices and a better selection of Morgan and Peace dollars than at Atlanta Gold & Coin Buyers. Unlike some other coin dealers, we carry silver dollars in any condition, including cull, average circulated condition, high end condition, and uncirculated condition. We also have professionally graded silver dollars and low mintage or rare silver dollars. Other silver dollars that we have in stock that are popular with collectors are Carson City silver dollars.
For most investors interested in purchasing silver dollars primarily for their bullion value, cull and average circulated condition silver dollars make the most sense. These coins can be purchased at a reasonable premium over the melt value of the coins. Since these coins are 90% silver and weigh slightly less than an ounce, the melt value of the coins is less than the spot price of silver. Rather, the silver value of the coins can be derived by multiplying the spot price of silver by .774.
Coin collectors that are interested in buying silver dollars for their silver value as well as their collectible value may be more interested in purchasing higher end coins, such as silver dollars in extremely fine to almost uncirculated condition and brilliant uncirculated condition. These coins can sell for anywhere from a few dollars over the melt price of silver to more than double the silver value of the coins.
The last category of coin collectors are those that are primarily interested in purchasing silver dollars for their collectible value. Depending on the mintage and condition of the coins, these coins can sell for upwards of hundreds of dollars, if not more. Individuals that are willing to spend hundreds of dollars for a silver dollar oftentimes prefer to have these coins professionally graded by a reputable third party grading company, such as PCGS, NGC, and ANACS. This helps to reduce the subjectivity often associated with the grade of a coin.
In summary, when buying silver dollars, whether for their silver content or collectible value, your best option in Atlanta and beyond is Atlanta Gold & Coin Buyers. We also offer industry leading rates when buying silver dollars, so if you’re in the market to sell silver dollars, contact us today to receive top dollar for your coins. We look forward to hearing from you and earning your business!